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Subject:  Re: Dividend Reinvestment - A Tax Nightmare? Date:  7/6/2008  11:00 PM
Author:  Rayvt Number:  101283 of 123001

Keeping accurate records over a period of decades is virtually impossible for normal people. You can't even use any kind of computerized records or computer spreadsheet. The programs to read the data will be obsolete in just a few years time. And all it takes is one time of forgetting to enter a quarterly transaction and you have incomplete data.

DRIPs were an arguable solution for something that was a problem years ago, but isn't anymore. To wit: high brokerage commissions.

It doesn't make much sense to me, either. A DRIP says that you see no better investment than this one company. But this is rarely (never?) the case.

These problems are in direct contradiction to one another.<